Featured MNV Articles:
More articles: 1 2 3 4 5 6 7 next »
|Analysts See 12% Upside For The Holdings of MLPA
Monday, May 9, 7:37 AM ET, by Market News Video Staff
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...
SEP Ex-Dividend Reminder - 5/12/16
Tuesday, May 10, 10:23 AM ET, by Market News Video Staff
On 5/12/16, Spectra Energy Partners LP (SEP) will trade ex-dividend, for its quarterly dividend of ...
Targa Resources (TRGP) Passes Through 9% Yield Mark
Thursday, May 12, 3:18 PM ET, by Market News Video Staff
In trading on Thursday, shares of Targa Resources Corp (TRGP) were yielding above the 9% ...
SEP Makes Notable Cross Below Critical Moving Average
Wednesday, May 18, 11:23 AM ET, by Market News Video Staff
In trading on Wednesday, shares of Spectra Energy Partners LP (SEP) crossed below their 200 ...
Top Buys by Directors: Muncrief's $199.9K Bet on WPX
Friday, June 10, 1:18 PM ET, by Market News Video Staff
The directors of a company tend to have a unique inside view into the business, ...
Atlas Pipeline Partners LP (APL) Shares Enter Overbought Territory
By Energy Stock Channel Staff, Thursday, October 27, 4:03 PM ET
In trading on Thursday, shares of Atlas Pipeline Partners LP (APL) entered into overbought territory, changing hands as high as $34.85 per share. We define overbought territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be overbought if the RSI reading rises above 70.
In the case of Atlas Pipeline Partners LP, the RSI reading has hit 70.1 — by comparison, the universe of energy stocks covered by Energy Stock Channel currently has an average RSI of 61.6, the RSI of WTI Crude Oil is at 62.2, and the RSI of Henry Hub Natural Gas is presently 39.5.
A bearish investor could look at APL's 70.1 reading as a sign that the recent heavy buying is in the process of exhausting itself, and shares are due for a pullback.
Looking at a chart of one year performance (below), APL's low point in its 52 week range is $19.40 per share, with $37.90 as the 52 week high point — that compares with a last trade of $34.80. Atlas Pipeline Partners LP shares are currently trading up about 4.4% on the day.
According to the ETF Finder at ETF Channel, APL makes up 1.58% of the Dynamic Energy Sector Portfolio ETF (AMEX:PXI) which is trading higher by about 5.9% on the day Thursday.
See what other ETFs contain APL »
See what other stocks are held by PXI »
APL operates in the Oil & Gas Equipment & Services sector, among companies like Spectra Energy Partners LP (NYSE:SEP) which is trading flat today, and Sunoco Logistics Partners L.P. (NYSE:SXL) trading relatively unchanged. Below is a three month price history chart comparing the stock performance of APL, versus SEP and SXL.
Free Trial: ''ETF CHANNEL FLEXIBLE GROWTH INVESTMENT PORTFOLIO''
The ETF Channel Flexible Growth Investment Portfolio is designed to seek growth for investors —
anywhere and everywhere. The key to the program is our portfolio strategy allows us complete flexibility in terms of asset
allocation as there are no predetermined guidelines as to the level of stocks, bonds, cash, regions, countries, sectors,
commodities, or even asset classes in the portfolio! In short, this is a completely flexible portfolio designed to follow
the performance trail wherever it leads us.
This Article's Word Cloud: